MRVL Options History — December 2021

In December 2021, MRVL traded between $71.69 and $91.60. ATM implied volatility averaged 42.1%, placing in the 34.2% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded below realized volatility by 19.1% (HV 20d: 61.2%). Max pain ranged from $50.00 to $70.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.55.

Notable Days

2021-12-03: Highest Volume — 236,667 contracts
2021-12-10: Largest IV drop — 15.1% change
2021-12-01: Highest IV Rank — 63.1%
2021-12-01: Largest Expected Move — 19.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$85.97	$71.69	$91.60	$72.00	$87.96
Max Pain	$54.77	$50.00	$70.00	$70.00	$55.00
ATM IV	42.1%	33.9%	54.5%	54.5%	33.9%
Expected Move	12.2%	9.4%	19.3%	19.3%	9.4%
HV 20d	61.2%	32.2%	66.7%	32.2%	63.6%
HV 60d	43.0%	30.5%	45.4%	30.7%	42.3%
IV Rank	34.2%	15.2%	63.1%	63.1%	15.2%
IV Percentile	61.3%	31.0%	93.7%	93.7%	31.0%
Term Structure	-0.8%	-4.8%	0.6%	-4.8%	-0.1%
VWIV	43.2%	33.5%	67.8%	67.8%	33.5%
Skew 25d	1.5%	-7.1%	12.4%	11.3%	1.7%
Skew 10d	3.3%	0.3%	8.9%	8.9%	1.2%
Call IV 25d	42.7%	33.2%	56.1%	54.3%	33.2%
Put IV 25d	44.2%	34.9%	65.7%	65.7%	34.9%
Bid-Ask Spread %	10.80	3.64	23.51	22.42	3.81
Gamma HHI	0.11	0.09	0.14	0.11	0.11
Net GEX	25.8M	10.6M	34.2M	11.1M	26.7M
Net DEX	-1.18B	-1.63B	-555.7M	-572.3M	-1.10B
Net VEX	-2.4M	-2.6M	-1.8M	-2.1M	-2.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.20	1.02	0.79	0.68
Total Volume	58,998.455	22,936	236,667	42,663	28,946
Total OI	371,233.136	283,402	430,203	283,402	388,510

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2021-12-01	$72.00	$70.00	54.5%	19.3%	32.2%	63.1%	67.8%	11.3%	-4.8%	11.1M	-572.3M	-2.1M	0.79	22.42	23,806	18,857	171,411	111,991
2021-12-02	$71.69	$70.00	52.7%	18.2%	32.2%	59.0%	62.7%	12.4%	-1.1%	10.6M	-555.7M	-2.1M	1.02	19.94	32,284	32,804	180,834	121,736
2021-12-03	$82.75	$70.00	49.2%	15.4%	59.6%	50.7%	54.4%	-0.2%	-4.1%	20.6M	-1.22B	-1.8M	0.40	18.00	169,516	67,151	198,852	140,829
2021-12-06	$85.18	$50.00	46.2%	12.5%	60.0%	43.7%	45.1%	-0.3%	0.1%	20.6M	-1.21B	-2.0M	0.48	23.51	45,643	21,879	199,829	128,079
2021-12-07	$91.19	$50.00	49.3%	13.0%	63.6%	51.0%	45.8%	-7.1%	-2.6%	19.5M	-1.53B	-1.9M	0.20	11.37	133,958	26,473	208,496	131,395
2021-12-08	$91.60	$50.00	46.4%	12.8%	63.6%	44.2%	45.3%	-0.6%	-0.3%	28.6M	-1.63B	-2.4M	0.30	16.26	63,307	19,231	246,697	141,283
2021-12-09	$90.49	$50.00	46.6%	12.7%	62.0%	44.6%	45.3%	0.1%	-1.0%	29.6M	-1.58B	-2.5M	0.49	8.64	41,928	20,385	261,380	147,031
2021-12-10	$88.87	$50.00	39.5%	11.1%	62.2%	28.3%	39.6%	-0.2%	-1.0%	26.6M	-1.46B	-2.5M	0.42	8.61	43,486	18,142	266,766	151,358
2021-12-13	$87.32	$50.00	38.7%	11.0%	62.9%	26.4%	39.8%	0.6%	0.1%	29.0M	-1.31B	-2.4M	0.61	4.84	20,862	12,791	254,980	131,620
2021-12-14	$85.46	$50.00	40.9%	11.4%	63.5%	31.5%	40.2%	1.2%	-1.1%	28.3M	-1.18B	-2.4M	0.47	6.32	31,075	14,706	259,498	135,040
2021-12-15	$87.79	$50.00	41.1%	11.6%	63.9%	32.0%	40.9%	-0.5%	-0.7%	32.6M	-1.37B	-2.5M	0.37	7.49	35,685	13,268	264,809	138,090
2021-12-16	$83.73	$50.00	44.5%	12.7%	66.7%	39.8%	44.6%	0.4%	-0.2%	27.6M	-1.09B	-2.6M	0.80	14.82	29,753	23,724	272,275	140,418
2021-12-17	$83.75	$52.50	42.8%	12.2%	66.6%	35.9%	42.9%	0.4%	-0.7%	18.5M	-1.07B	-2.6M	0.48	20.79	24,514	11,747	279,915	150,288
2021-12-20	$84.12	$52.50	44.1%	12.6%	66.5%	38.8%	45.1%	1.2%	-1.2%	21.3M	-914.8M	-2.6M	0.83	13.50	15,788	13,037	232,837	121,433
2021-12-21	$85.88	$55.00	39.1%	11.2%	66.1%	27.2%	39.6%	1.8%	0.0%	25.5M	-1.01B	-2.5M	0.58	5.60	17,314	10,123	235,681	125,733
2021-12-22	$87.90	$55.00	37.8%	10.8%	66.1%	24.2%	37.8%	2.1%	0.0%	32.5M	-1.15B	-2.5M	0.55	6.92	21,920	11,986	239,295	128,421
2021-12-23	$88.10	$55.00	35.2%	10.1%	66.1%	18.2%	35.5%	2.0%	0.4%	28.6M	-1.18B	-2.5M	0.31	3.93	40,198	12,592	247,050	129,796
2021-12-27	$90.43	$55.00	36.5%	10.3%	65.6%	21.2%	36.7%	1.4%	0.1%	33.6M	-1.29B	-2.5M	0.41	3.64	28,937	11,999	234,086	123,115
2021-12-28	$88.33	$55.00	37.4%	10.5%	66.2%	23.3%	37.0%	1.5%	-0.5%	30.1M	-1.15B	-2.6M	0.42	5.54	25,747	10,878	238,555	126,401
2021-12-29	$88.74	$55.00	34.4%	9.8%	63.4%	16.3%	34.8%	2.5%	0.0%	34.2M	-1.18B	-2.6M	0.78	7.78	12,862	10,074	249,234	129,423
2021-12-30	$88.00	$55.00	35.0%	9.8%	63.7%	17.7%	35.7%	1.8%	0.6%	31.7M	-1.11B	-2.6M	0.81	3.82	15,798	12,792	250,890	131,769
2021-12-31	$87.96	$55.00	33.9%	9.4%	63.6%	15.2%	33.5%	1.7%	-0.1%	26.7M	-1.10B	-2.5M	0.68	3.81	17,202	11,744	253,711	134,799